Symantec has acquired Appthority and Javelin Networks to boost its mobile and enterprise security credentials. Terms of the deals were not disclosed.
AT&T has announced plans to acquire cybersecurity company AlienVault. Terms of the deal were not disclosed. Founded in 2007, AlienVault offers a number of tools for detecting and responding to security threats through its Unified Security Management (USM) platform, while its Open Threat Exchange (OTX) platform serves as an online community where security professionals and researchers can share …
Network security company Barracuda Networks (Barracuda) is set to become a private company again a little more than four years after going public. Private equity investment firm Thoma Bravo is offering shareholders $27.55 per share in an all-cash deal worth around $1.6 billion. Founded in 2003, Barracuda offers a range of network and application security products …
Cisco is buying Ann Arbor-based Duo Security for $2.35 billion in cash and assumed equity awards, the IT giant announced today. Duo Security was valued at about $1.17 billion as of its last funding round. The company is best known for the two-factor authentication app it created for enterprise companies, and it counts Etsy, Yelp, …
Cybersecurity startup PhishMe has been acquired by an undisclosed syndicate of private equity firms and rebranded as Cofense, with the company stating that the deal valued it at around $400 million. Leesburg, Virginia-based PhishMe provides tools that help employees recognize malicious phishing emails. This partly involves conditioning staff to identify rogue emails, and it also allows them …
It has been a big week for cybersecurity investments, and the latest such startup to announce a notable tranche of funding is California-based Agari, which uses predictive artificial intelligence (AI) to thwart email attacks. Founded in 2009, Agari’s platform detects potential email breaches, identifies malicious inbound messages, and establishes the authenticity of a sender before delivering …
Valimail, a cloud-based platform that uses automation to help companies establish the authenticity of emails, has raised $25 million in a series B round of funding led by Tenaya Capital, with participation from Shasta Ventures, Flybridge Capital Partners, and Bloomberg Beta. Founded out of San Francisco in 2015, Valimail’s platform adopts open standards systems such …
BlackBerry is set to acquire AI-powered cybersecurity startup Cylance for $1.4 billion, the latest in a line of cybersecurity acquisitions this year.
U.S. cybersecurity jobs grew 3.5 percent in the past year, while job searches for cybersecurity roles increased 5.7 percent, according to a new report by job posting site Indeed. Indeed knows that if you’ve tuned into the news lately, you’re aware cybersecurity is a huge issue. From breaches of privacy to election controversies, it can impact …
The global cybersecurity workforce will be short by around 1.8 million people by 2022, according to a new report by Frost & Sullivan, representing a rise of around 20 percent since 2015. The Global Information Security Workforce Study (GISWS) is carried out every two years by the Center for Cyber Safety and Education and (ISC)², with the 2015 …